oil prices
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Oil Ends Down More Than 2 Percent as U.S. Drilling Points to Glut
(Reuters) – U.S. oil prices traded below $40 a barrel for the first time since the 2009 financial crisis, ending…
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Gas Prices Dropping, Could Hit $2 a Gallon
WASHINGTON (McClatchy) – Think of it as Christmas in August. Gasoline prices are expected to drop sharply this month and might…
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IEA Says Oil Prices May Fall Even Further Before Supply Fades in 2016
(Bloomberg) – Oil prices may fall further as the world remains “massively oversupplied,” before markets tighten in 2016 when output…
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After Plunge in Oil Prices, Hope Fades for Group of Long-Beleaguered Workers
ENID, Okla. (The Washington Post) – Other men bought big houses or new pickups with their oil money. Mike Gillham bought…
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For Many American States, It’s Like the Recession Never Ended
(Bloomberg) – Six years after the recession ended, many U.S. states are hard pressed to balance budgets because of…
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Why Are Gas Prices Suddenly Heading North?
(CBS News) – Gas prices are starting to zoom higher, jumping more than 20 cents overnight in some parts…
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Despite Low Gas Prices, Gas Tax Hike Appears Unlikely
JOAN LOWY, Associated Press WASHINGTON (AP) — The new Republican-controlled Congress is facing an old problem: where to find the…
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The World’s Biggest Car Company Wants to Get Rid of Gasoline
(Business Week) – The first thing you notice about the Mirai, Toyota’s new $62,000, four-door family sedan, is that…
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Ruble Hits New Record Low; Europe Stocks Higher
The Associated Press FRANKFURT, Germany (AP) — The ruble hit a new record low against the U.S. dollar as weaker…
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Egypt Stock Market Loses $3B Amid Oil Plunge
MERRIT KENNEDY, Associated Press CAIRO (AP) — Egypt’s stock market shares plunged by 22 billion Egyptian pounds (just over $3…
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